Last post on Dec 12, 2013 at 6:24 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Honda Accord, Car Leasing, Coupe, Sedan
#4914 of 5566 Re: Leasing 2012 Accord LX 4 DR [hit]
Dec 15, 2012 (11:00 am)
Thanks for the response pegasus17... Their tool is useful, but I can calculate the values properly on any lease calculator.. I just need to know what I can get away with as far as over/under invoice for the Accord LX, along with:
With an expiring Honda lease, any loyalty credits or related incentives?
Are there rates available for a 10,000 mile lease since he drives under 10k miles annually...?
Any other charges/fees or credits one should be aware of when calculating cost?
Please advise!! Have to make a decision on the vehicle soon.
#4915 of 5566 LEASE 2013 ACCORD LX
Dec 16, 2012 (2:46 pm)
Hey, I just realized I had a typo in my last post. I was looking for numbers and info for the 2013 Accord LX, not the 2012.
How much over/under invoice should I ask for the selling price of the car to be?
Any incentives currently in place on the Accord LX? (I didn't see anything online, but maybe there's something I'm missing)
He has an expiring Honda lease, any loyalty credits or related incentives?
The posted rates I've found are: LX - 63% AND .00155 FOR 12,000 MILES/36 months .. are these accurate? Are there rates available for a 10,000 mile lease since he drives under 10k miles annually...?
The Honda Finance fee I've seen posted is $595, any other costs to expect when leasing?
And is there anything else one should be aware of when proceeding with this vehicle??
Thanks very much!
#4916 of 5566 Info on a 2012 Crosstour
Dec 18, 2012 (2:56 am)
There is not much traffic over in the Crosstour lease thread so, hopefully someone can help me over here.
What is the residual value and money factor on a 2012 Crosstour EX-L, 36 months with 12000 miles per year? I have seen 0.53% residual and 0.0002 MF (this info is not from Edmunds so I am hesitant to believe it), is this correct?
#4917 of 5566 Re: LEASE 2013 ACCORD LX [hit]
Dec 19, 2012 (6:38 am)
HIT, I'm not a lease guy. On pricing any Accord can be had for 500 below dealers invoice at worst case.. I would start my calls the last few days of this month.. Telling each dealer that for $ 1200 below dealers invoice you will lease that moment. Make sure the money factor, and resid, are correct.. I posted a few days ago some good dealers in my area.... Try calling them first. Use Waymouth Honda's web site as your starting point on pricing most of there pricing is about 500 below dealers invoice price on vehicles. Every dealer in your area should match or beat Waymouth lease price to get your business. 10 maybe 20 dollars a month i would expect lower than Waymouth's Internet Quote. Post your deal when your done... Good luck..........Brian
#4918 of 5566 Re: LEASE 2013 ACCORD LX [brian125]
Dec 19, 2012 (7:20 am)
Hi brian125, thanks for the response. Are you referring to dealers invoice or the msrp when you say that it should be at least $500-$1,200 below invoice.
Please advise, thank you!
#4919 of 5566 Re: LEASE 2013 ACCORD LX [hit]
Dec 19, 2012 (7:38 am)
Dealers Invoice. Always start any vehicle negotiations below Invoice and making your best deal that way. Never start at msrp and work pricing down from that end.
#4920 of 5566 Re: LEASE 2013 ACCORD LX [brian125]
Dec 20, 2012 (9:48 am)
Use this formula to figure out a starting price to offer the Dealer.
1- Vehicle's Invoice price
2- Minus Dealers-hold back on Vehicle
3 Minus Any Manufactor Incentives/ cash back
#4921 of 5566 Re: LEASE 2013 ACCORD LX [brian125]
Dec 21, 2012 (5:56 pm)
Brian -- Do you consider the destination fee ($795) part of the dealer invoice?
Personally, I would start using the e-quotes services many of these honda dealerships has up and seeing what prices they are quoting. You can always setup some sort of spam-email account in case you don't want to use your real email.
For example, just got a quote from Honda of Los Angeles for an Ex-L, I4 for 24,469 w/o destination fee.
#4922 of 5566 Re: LEASE 2013 ACCORD LX [moretown]
Dec 22, 2012 (11:53 am)
NO, Your Dest- Charge has to be added to your final agreed sale price. All consumers have to pay this charge> It is not Negotiable .
Iv'e always found Edmunds forums a great source of info on Buying/ Leasing and Car info. However.... you start the process of getting info or idea's on Car pricing helps obtain a best price scenerio.